Is Wealth Inequality Actually a Problem?
Economics Explained
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The Importance of Wealth Inequality
The wealthiest seven people in the world have more collective wealth than the poorest 50%. That's seven people with more wealth than 3.9 billion people. Are there any benefits to wealth inequality? Does the wealthy getting wealthier mean average people are becoming poorer? And what are the drawbacks of wealth inequality? This episode of Economics Explained was made possible by our fans on Patreon.
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